416: Unlocking The Value Of Your Roofing Business with Greg DeSimone

Today, we chat with Greg DeSimone from Catapult Advisory Group about figuring out what roofing businesses are really worth. We dive into why it's crucial to know your company's value, especially when dealing with private equity or thinking about mergers and acquisitions. Greg points out that having a strong management team, clear financials, and a solid strategy are key to catching the eye of potential buyers. He also shares how having niche skills can really boost a company's market value. Plus, we talk about why it's smart to start prepping your business for sale way ahead of time and offer some great resources for contractors who want to up their business game.

What you’ll hear in this episode:

• Business valuation for roofing contractors
• The role of private equity in the roofing industry
• Trends in mergers and acquisitions within home services
• Importance of preparing a business for sale
• Strategies for creating a transferable business
• The significance of financial transparency and accurate record-keeping
• The impact of management teams on business value
• Understanding EBITDA and its relevance to business valuation
• The concept of controlled growth versus rapid growth
• Options for contractors considering a sale or transition of ownership

Resources Mentioned: 

Check out this episode on our Youtube channel at @DaveSullivanRooferShow" or use this link - https://youtu.be/N7F2wJVbfwk. Be sure to subscribe, like, and comment!

Set up a FREE strategy call with Dave and get a few tips on how you can improve your business: https://davesullivan.as.me/free-strategy-call

Interested in learning more about our 1-on-1 coaching, mastermind groups, or fractional CFO services? Email me or send me a text at [phone].

No Plan? No problem. Download our FREE 1-Page Business Plan For Roofing Contractors: https://theroofershow.com/plan

The Roofer Show’s Vetted Sponsors

Have RUBY answer your phones and tee up the sale by leaving a great first impression. Use this link to get up to $150 off your first month’s service: ruby.com/roofershow.

SMA Support Services fills a need by empowering contractors to simplify and optimize their operational processes with virtual assistant services. Explore what a virtual assistant can do for your contracting business. Let SMA do the hiring, training, and onboarding. Check out SMAsupport.us (Tell them Dave sent you.)

Automate your follow-up process and close more sales with ProLine. Get started for FREE at https://useproline.com/. Use promo code “Dave50” for $50 off your first month’s service!